San Miguel unit may score a first in Thailand


  • Business Premium
  • Thursday, 03 Jun 2004

Bangkok: San Miguel Corp, the largest Philippine food and beverage company, may sell shares in its newly acquired beer firm in Thailand, becoming that country's first publicly traded brewer. 

Vice-chairman Ramon Ang talked about a possible share sale yesterday in Bangkok, where he and chairman Eduardo Cojuangco received a permit from the government to allow San Miguel to produce beer in Thailand. Ang would not give a timetable or say how much San Miguel plans to raise from a share sale here. 

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